Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...

People who earn tips or work overtime may see some tax breaks under President Donald Trump's "Big Beautiful Bill." What to ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

Here's what to know about the provision of the 'Big Beautiful Bill' that would end taxes on overtime, tips.

The Senate passed President Trump’s “Big Beautiful Bill” July 1, giving the president his most significant legislative victory in his second term.

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax exemptions for tipped hourly workers. But how will it work?

How does "no tax on tips" work? The "no tax on tips" provision in the spending bill creates a new deduction for tipped workers, eliminating what they owe in federal income tax.

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct tip income from their federal taxable income, up to $25,000 annually.